402 3rd StreetMelbourne, IA 50162

Single Family · 4 Beds · 1 Full Bath · 1 Half Bath · 1,248 Sq. ft. | 0.26 Acres
$117,500 Active

402 3rd Street Overview

Time on Site:
25 days
Visits:
8

Step inside this spacious two-story home filled with years of memories and opportunity for its next chapter. Offering 4 bedrooms and 1.5 bathrooms, this home features a functional layout with a main floor bedroom and convenient main floor laundry. Upstairs you’ll find three additional bedrooms and a full bathroom, providing plenty of space for family, guests, hobbies, or a home office setup. Outside, many of the big-ticket improvements have already been completed, including updated siding, roof, windows, gutters, fascia, and soffit; giving the home great curb appeal and peace of mind for future owners. The detached 2-stall garage also offers a fantastic bonus workspace area in the back for projects, storage, or hobbies. This home is ready for someone with vision to add their own personal touch and build equity along the way. With solid space, important exterior updates already completed, and an attractive price point, this property offers incredible potential for buyers looking to create a home that truly reflects their style.

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402 3rd Street Facts & Features

  • Type Single Family
  • Sq. ft. 1,248
  • Price/Sq.ft. $94
  • Lot 0.26 Acres

Details

General

Listing Information

  • Contingency: None

Building Information

  • Year Built: 1900

Location/Region

  • County Or Parish: Marshall
  • Postal City: Melbourne

Tax Information

  • Tax Annual Amount: 1051
  • Tax Year: 2024

General Information

  • Parcel Number: 8219-06-429-001
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 4

Building Interior

  • Below Grade Finished Area: 0

General Information

  • Accessibility Features: None
  • Basement: Partial
  • Cooling: Central Air
  • Fireplaces Total: 0
  • Heating: Forced Air
  • Living Area: 1248
  • Living Area Units: Square Feet

Exterior

Parking Information

  • Parking Features: Detached Garage,Gravel

Lot Information

  • Lot Size Acres: 0.26
  • Lot Size Dimensions: 75X150
  • Lot Size Square Feet: 11326
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Vinyl Siding

General Information

  • Sewer: City Sewer/Connected

402 3rd Street Neighborhood

Community

50162 (Melbourne) Demographics

33
Median Age
24
Population Density (per sq. mile)
44%
College Educated
$55,000
Estimated Median Income
379
Estimated Total Home Owners
187
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

402 3rd Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

402 3rd Street Market Data

Based on the last 30 days in this zip code

$226,366
Average List Price
$153
Average Price per Square Foot
1
Properties Sold
89
Average Days on Market
6
Properties for Sale
Calculations provided by Reliance Network

402 3rd Street History

Date Event Value Agent
6/26/2026Source: NoCoast MLS Price Reduction
$117,500 -5.9%
6/4/2026Source: NoCoast MLS Added to Database
June 04, 2026
Listing provided courtesy of Century 21 Signature Real EstateNoCoast MLS- MLS# 6339054MLS Provider